Recap: How Binance’s record $6.3B hack unfolded

A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.
This story was originally published by Cointelegraph.

A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.
This story was originally published by Cointelegraph.
Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.
Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.
Synthetix has recovered the SNX stolen in Binance’s $6.3 billion hack, while the attacker accidentally locked about 8 million Newton tokens in a dead contract. They are two of at least nine moves…
A South Carolina woman is headed to prison after using other people’s identities to pull more than $37,000 out of four West Virginia bank accounts that were not hers. Della Palestino, 60, of…
Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.